Surprise property tax hike for second homes & buy-to-lets in Wales
The Welsh Government has increased Land Transaction Tax rates for additional homes, effective from today.
Property tax reforms slated for post-Budget ‘Tax Day’
The Government is planning to publish a batch of consultations on tax reform on 23rd March, a few weeks after Rishi Sunak's main Budget speech on Wednesday.
Think tank calls for a Property Capital Gains Tax to ‘pay for the coronavirus’
Michael Johnson and the Social Market Foundation are calling for "tens of billions of pounds of new taxes to be levied on increases in the value of homes", with a new Property Capital Gains Tax replacing…
Treasury publishes draft Residential Property Developer Tax legislation
Proposed new tax rates targeting major housebuilders are due to bee confirmed in the Autumn Budget.
Most read
In Pictures: $400mn LA mansion becomes world’s most expensive open-market property listing
Agents describe the eight-acre estate as the 'Crown Jewel of Los Angeles'.
In Pictures: Soho House founder’s private Scottish island hits the market with £10mn eco-lodge plans
Inchconnachan has been listed for sale at £3mn as-is, or at £10mn for a turn-key luxury retreat delivered under the 'direction & vision' of hospitality maven Nick Jones.
US buyers drive £16mn of deals at luxury Mayfair scheme
Penthouse at REDD’s 6 Charles Street changes hands amid a flurry of American-led activity.
Knight Frank notches up £173mn of prime country sales in Q1
Correctly priced homes are still attracting competitive interest despite an uncertain backdrop, says agency.
A buying agent’s view: On holding positions, spring optimism & a market in search of stability
Jamie Freeman discusses fragile confidence, lifestyle-led demand and why off-market deals are on the rise.
‘Last man standing’ London set for H2 inflection, predicts agency
The capital's prime resi market is overdue a resurgence in 2026, suggests one bullish property firm - citing a 'structural decline of every serious global alternative'.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
Savills appoints two new heads of lettings in south west London
Aaliyah Joumana & Morgan Frewin will lead departments in Bishops Park & Richmond respectively.
Interview: Knight Frank’s Peter Mayo on the changing role of auctions in the prime market
Agency's auctioneer and partner discusses outdated misconceptions, unusual lots and why more discretionary sellers are turning to the gavel.
Carter Jonas promotes McConnell to equity partner
Resi sales veteran steps up as trio appointed group partner.
LATEST ARTICLES
Revealed: How much the new ‘mansion tax’ will cost before implementation
The incoming High Value Council Tax Surcharge is likely to cost 'almost £400mn before a penny is collected' - then generate around £1.4bn for the national coffers in its first three years of operation.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
Opinion: Is the great British love affair with property finally on the rocks?
After years of regulatory pressure, the long-standing relationship is getting complicated, says agency boss Trevor Abrahmsohn.
Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
International demand for UK homes has dropped 10% in the last year
American interest has climbed as European demand dwindled and Middle Eastern buyer numbers dropped sharply.